HappyLucky88
commented on
$OIO (KUX.SG)$
Profit taking after hitting 0.42
Profit taking after hitting 0.42
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HappyLucky88
voted
According to this article (https://www.marketplace.org/2021/08/04/what-freight-rail-tells-us-about-the-economy/), Warren Buffett was once being asked which economic indicator he would choose if he were stranded on a desert island, and with access to only one set of economic statistics (e.g. consumer confidence, inflation, unemployment, etc.), and he picked freight rail traffic. The reason is that when rail is doing well, it usually means the eco...
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HappyLucky88
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Hi Mooers, welcome back!
About two weeks ago, 14 Jan 2022, one of our meme stock, NAKD, have change its trading ticker to CENN ( $Cenntro Electric (CENN.US)$ ) and is now a EV company.
Coming back to 01 Feb 2022, Lunar New Year 2022, we decide to compare $Cenntro Electric (CENN.US)$ and a few EV companies from US and China.
As shown in the picture below, we can see the 1 month price trend for the six EV companies, ...
About two weeks ago, 14 Jan 2022, one of our meme stock, NAKD, have change its trading ticker to CENN ( $Cenntro Electric (CENN.US)$ ) and is now a EV company.
Coming back to 01 Feb 2022, Lunar New Year 2022, we decide to compare $Cenntro Electric (CENN.US)$ and a few EV companies from US and China.
As shown in the picture below, we can see the 1 month price trend for the six EV companies, ...
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HappyLucky88
reacted to
$Artelo Biosciences (ARTL.US)$ I wonder if this company is going to be delisted 🤔
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HappyLucky88
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$Superior Drilling Products (SDPI.US)$
I think it's about to explode
I think it's about to explode
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HappyLucky88
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$Artelo Biosciences (ARTL.US)$ how about this stock?
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HappyLucky88
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HappyLucky88
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$UP Fintech (TIGR.US)$ I estimate that Futu and TIGR are in a slump, probably related to the Futu financial report. Retail investors who buy US stocks will avoid the financial report day because it usually leads to a 95% decline regardless of good or bad news. Futu will announce its financial report tomorrow.
Translated
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HappyLucky88
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Hello mooers:
An overbought stock is believed to await a correction or pullback, while an oversold stock has the potential for a price bounce.
We selected a few stocks that contain potential investment opportunities with RSI indicator to find out what the most overbought and oversold companies in S&P 500 today are.
Performance Tracking of Previous Column (10/25)
There are 3 out of 10 selected stocksthat followed the suggested movement provided by the RSI indicator.
What now?
During the previous week, the stock market has lowered slightly while Nasdaq 100 has made slight progress. This stock market movement reminds me of the "Nifty Fifty" from the 70s. Top companies' stock prices support the market until it crashed. Professor Chris Beyrer from John Hopkins is seeing another year of covid, which helped $Moderna (MRNA.US)$ rebound 14%, while I am seeing a good week ahead of us from the "Santa Claus rally".
"While the $Disney (DIS.US)$ stock slide is not exactly a bullish reaction to earnings, the losses aren't too bad and bulls are buying the dip," said TheStreet's Bret Kenwell. "That's about as much as investors could ask for in a situation where a and as Disney came up short on subscriber estimates."
Overbought& Oversold definition
A stock would usually be considered overbought when the RSI > 70 and oversold when RSI < 30.
According to the theory created by J. Welles Wilder Jr, when the RSI < 30, it is a bullish sign (buy signal), and when RSI > 70, it is a bearish sign (sell signal).
We collect stocks from S&P 500 as it contains most of valuable companies.
Want to screen the market by yourself? Read:How to use a stock screener
Want to learn more about technical trading? Read: Technical Analysis 101:Introduction to technical indicators $PayPal (PYPL.US)$ $Best Buy (BBY.US)$ $Arista Networks (ANET.US)$
An overbought stock is believed to await a correction or pullback, while an oversold stock has the potential for a price bounce.
We selected a few stocks that contain potential investment opportunities with RSI indicator to find out what the most overbought and oversold companies in S&P 500 today are.
Performance Tracking of Previous Column (10/25)
There are 3 out of 10 selected stocksthat followed the suggested movement provided by the RSI indicator.
What now?
During the previous week, the stock market has lowered slightly while Nasdaq 100 has made slight progress. This stock market movement reminds me of the "Nifty Fifty" from the 70s. Top companies' stock prices support the market until it crashed. Professor Chris Beyrer from John Hopkins is seeing another year of covid, which helped $Moderna (MRNA.US)$ rebound 14%, while I am seeing a good week ahead of us from the "Santa Claus rally".
"While the $Disney (DIS.US)$ stock slide is not exactly a bullish reaction to earnings, the losses aren't too bad and bulls are buying the dip," said TheStreet's Bret Kenwell. "That's about as much as investors could ask for in a situation where a and as Disney came up short on subscriber estimates."
Overbought& Oversold definition
A stock would usually be considered overbought when the RSI > 70 and oversold when RSI < 30.
According to the theory created by J. Welles Wilder Jr, when the RSI < 30, it is a bullish sign (buy signal), and when RSI > 70, it is a bearish sign (sell signal).
We collect stocks from S&P 500 as it contains most of valuable companies.
Want to screen the market by yourself? Read:How to use a stock screener
Want to learn more about technical trading? Read: Technical Analysis 101:Introduction to technical indicators $PayPal (PYPL.US)$ $Best Buy (BBY.US)$ $Arista Networks (ANET.US)$
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HappyLucky88
liked
$Superior Drilling Products (SDPI.US)$ hold or cut loss hmmm.
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HappyLucky88 : Entered @0.25
Sell @0.405
Happy with that liaoz